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going, you need higher wage growth. that is my two cents. one step closer to sequestration. the pentagon's new warnings. melissa: the toxic fog. utah battling a winter smog that has a group of doctors there glaring a health emergency. ♪ >> at 22 minutes past the hour, i have your fox news minute. more than 50 people have been killed in riots that began friday. the two-year anniversary of the uprising then president. forcing islam is rebels to flee north. forces have seized the airport as they search for fighters hiding in the city. dutch queen beatrix will give a speech tonight expected to make it official that she will advocate almost 75-year-old queen will be succeeded by her eldest son. those are your headlines on the fox business network. back to melissa and lori. lori: thank you very much lauren. three weeks since the ntsb started looking into the liners. all 7873 liners were grounded. they will shift their focus away to the battery maker. none of this is good news for boeing who hopes to get the dreamliner, of course, back up in the air. do not count out boeing. the report came i
bring in every year and we could cut the entire military, entire pentagon and not pay one dime of federal anything and still lose money. we have to deal with these entitlements. with the fraud, with the entitlements as a whole, but no one in d.c. is willing to do that. no one, it's pathetic. >> brenda: gary b, that's the question here, what incentives do the people have who are running this program have to get in and cut this fraud? >> exactly, brenda. look, fraud goes on in private sector, public sector, but here is the problem. in private sector, if so much fraud and thiefery goes on and the taxpayer, and you point out the core problem. in the public sector, there's he no incentive for fraud to go away. people are paid on a bottom line, don't lose their dime if there's more fraud. the only incentive for the bubble sector, if you're a medicare or medicaid government employee is to grow your power base. make it even bigger. that's why, toby is right, it's probably a factor of 10 to 20, to maybe 50. how much fraud is actually going on. probably in the billions of dollars. no one
administration. the pentagon today said it has become as more -- as many as 46,000 temporary employees at a budget cuts. the department of defense set to see $487 billion in cuts over the next decade. the pentagon also warning that if further budget cuts to take place it will be forced to furlough most of its 800,000 full-time citizen employees. welcome my next guest became the country's first female four-star general back in 2008. rewarded her perspective to allow women in combat and a place to have with this general and then would become a retired commanding general of the u.s. army material command. could to have you here. your thoughts from your perspective what this means for first the army itself in the country. >> well, good evening, lou. first, i think it is a great decision. it is a good decision. the timing is right, and that think this decision now runs policy with the current realities on today's battlefield . lou: the realities include a more technologically oriented military, but still the requirements for special operations, special forces, infantry. in your judgment and
pentagon official. all-star which you. tell me, what's going on in the oil market today as a result of what is going on? >> the prices have been pretty stable on oil, but we saw huge jump up in the u.k. natural-gas market. as we know, algeria is a major supplier of natural gas to europe. because of those concerns with some big spike in the market yesterday. and that think the larger concern, one of the things we have to realize is that in this world of terror, every time we fill up at the gas tank return all light bulb, we're already paying the terror premium that is built into the price. the biggest concern for energy traders in the energy markets is that this type of attack that happened in algeria happens in other places. >> we have seen it in the past. miching algeria be a primary supplier of net gas, number three. that is critically important. a return to your now. i thought al qaeda was dead. that is what i was told by the democrats. >> you have to give the president credit. the second he announced the death an expiration date was put on all the intelligence which recaptured within. s
, pentagon, and white house all were quick to call this attack terrorism. >> let's not forget, this is an act of terror. the perpetrators are the terrorists. >> terrorists should be on notice. there will find no sanctuary, no refuge, not in algeria, north africa,not anywhere. >> the u.s. military sent a c130 and a transport plane to evacuate the wounded, but the algerians are still rejecting any foreign counter-terrorism help at the bp complex. those who escaped described how the algerian military straight the convoy of five buses leaving the compound hitting the first four. an irish hostage to escape told his brother the attackers but bomb built on them as they were transferring them by bus to another part of the facility. others praised the actions of the algerian military. >> ever been so relieved. going off site. >> yesterday the assyrians polled by that the incident was over. that's not true. >> west but to the algerian prime minister he told me that this first operation was complete but this is a larger complex site and they are still pursuing terrorists and possibly some hostages and o
them to deplane and delayed them by about 90 minutes according to pentagon officials. then there's the decision by success tear of state clinton and state department undersecretary of management, patrick kennedy, in the operations center that night, not to send a fest or foreign emergency support team, which the state department's own website describes as the government's only interagency on call short notice team poised to respond to terrorist incidents. as a result, the fbi could not enter the complex for 24 days at which point most evidence was gone. >> secretary clinton will be asked in particular why more securitifuls not provided after the june 6th bombing attack, and why ambassador stevens left part of the security team behind in tripoli, why the secrecy? lou? lou: jennifer, thank you. jennifer griffin, fox news national cor responsibility. exit polls show benjamin netanyahu winning the third term as prime minister of israel tonight. this, as the united states is providing a gift to egypt and muslim brotherhood member, president of e jupt, morsi. four f [laughter] 16 fight
with these calculations. democrats last above the way back in 2009, three pentagon's cabin built, not that we have the money to do it, just the time. a mountain climbing team could have made it to the top of everest and back 292 *. finally, we could have built all 179 miles of the keystone pipeline in that time the senate has been sitting on its budget riding pants. you get the picture. we have been waiting. they have been dawdling. bottom-line, and still could end up being the canary in the coal mine. one guest just they told me and other highly paid athletes might move out of the country, say to the bahamas to avoid paying u.s. taxes. the democrats have their way and raise taxes again, talk about divide between the wealthy in the port. there will be no wealthy. it will all of move of the country. you think of getting? you tell me, where is former french president nicholas sarkozy? the country where the socialist president plans to introduce a 75% tax rate on millionaires. according to investigators, he has apparently left the country and taxes have something to do with it. coming up, house repub
at the pentagon. i'm not opposed to that. you need a sensible defense program reflecting what the needs are today in to protect the country and defend our bogses around the world. liz: senator, how much of the problem is the fact that washington, d.c. seems to be living in bubble city? you know, the real estate's going strong, lobbyists, consul at that particular times in the -- consultants in the city going great. that impact decisions in washington, d.c.? go ahead. >> oh, i think so. i think you're in a bubble up here, but, also, remember, members of congress and members of the senate, if they are doing the job, they are going home to the districts, their states, talking to people, listening to people. i think district by district or state by state, people get that this debt and this deficit is going to consume us. part of the problem though, again, an i go back to the president. he has the biggest megaphone in the town and country. he has to be responsible and step up and speak up and lead. now, based on his inaugural address, maybe he's not going to do that, but that really worried me about t
: what's the problem taking out the ridiculous spending? >> exactly. gerri: a pentagon official cede said if sequester goes through, hundreds of thousands of civilian employees furloughed. what do you think? >> that's probably true. you know, and it's unfortunate, and i've been saying this for months that the sequester is not a good way to cut spending, but i hate to say it, could be the only way to get cuts in spending. we have to do this. look, you know it, we can't borrow 40 cents for every dollar spent, not a trillion dollars a year, it's unfortunate, people lose jobs. i live in northern virginia, people on the street i live will be affected by this, but you know what? business had to cut people; right? i mean, businesses got trimmed. they got efficient, and, actually, businesses, as you know, you just covered the story, united states is the place to live best in. why can't government be efficient like private industry does? gerri: we can dream, steve. by the way, you are one of my favorite guests of all time. i have to say that. thanks for bringing your smart comments. >> have a grea
of spending we'll have in this country. the cuts in the sequester are too much for the pentagon for republicans to like. that will be focus rather than having republicans blamed for defaulting on the debt or shutting down the government. that was a shrewd move on their part. melissa: everybody talks about we need to get entitlement spending uncontrol. we need to balance our books, seems like it but also seems like no one is really serious about doing that, republicans included. you're an inside guy who got frustrated with the process and left. do you think any politicians in washington are sincerely committed to reforming entitlements, even the republicans? >> well, there are a few. i mean people who put the long-term best interests of the country ahead of short term political expediency but it is hard, melissa. because most of these folks want to get reelected. they need to be popular and difficult to be popular if you tell people we have to trim medicare, social security. we'll have to raise taxes. people don't like to do those things. the path of least resistance is to borrow
hurricane sandy and the year-long midwest drought. deputy defense secretary says the pentagon has started laying off most of its 46,000 temporary and full-time employees in efforts to slow spending. carter also asked the military service to provide detailed plans by february 1st on where they can reduce their short-term spending. and subway issuing an apology over its foot long sandwiches after coming under fire last week when a man posted a picture on his facebook page with an 11 inch sub next to a ruler. subway says it is doubling efforts to insure consistency and correct the length in all of its sandwiches. the company declined to comment on the lawsuit filed by two men over the sandwiches. because of course you should sue. now we continue with our countdown to the closing bell. halliburton earnings pushing oil stocks higher today. let's head back to as i promised nicole petallides on the floor of the new york stock exchange. nicole? nicole: thanks so much cheryl. i'm going to bring you right here to the post where halliburton trades here on the floor of the new york stock exchange, an
spending across the board. look at the pentagon. i'm not opposed to that. you need a sensible defense program reflecting what the needs are today in to protect the country and defend our bogses around the world. liz: senator, how much of the problem is the fact that washington, d.c. seems to be living in bubble city? you know the real estate's going strong, lobbyists, consul at that particular times in the -- consultants in the city going great. that impact decisions in washington, d.c.? go ahead. >> oh, i think so. i think you're in a bubble up here, but also remember, members of congress and members of the senate, if they are doing the job they are going home to the districts, their states, talking to people listening to people. i think district by district or state by state, people get that this debt and this deficit is going to consume us. part of the problem though again, an i go back to the president. he has the biggest megaphone in the town and country. he has to be responsible and step up and spea
than eight years. >>> deputy defense secretary ashton carter is saying that the pentagon has started laying off most of its 46,000 temporary and term employees in efforts to slow spending ahead of the nearly $50 billion in cuts set to go into effect march 1st. carter also is asking military services to provide detailed plans by february 1st on where they can reduce short-term spending. >> at&t is buying spectrum from verizon wireless for $1.9 billion in cash. at&t says the licenses cover 42 million people in 18 states. that is the latest from the fox business network, giving you the power to prosper. melissa: president obama called tim geithner one of the best u.s. treasury secretaries ever after four longs years and countless financial crises he is calling it quits. his tenure has been controversial. was he a better friend to big banks or the average joe? on his last day, jon hilsenrath, tim geithner's last day, he is "wall street journal" chief economics correspondent. he joins me with a report card. what grade are you giving him? >> let's go subject by subject. melissa: that is be
challenged the pentagon. about time, dennis, back to you. >> want a cheap place to move to? how about kansas? close to eliminating the state income tax, a move that many hope serve as a model for other states. that call for phil mickelson might like it too. it's just after one month after the largest tax cut in kansas history. critics charge the policies leave many in the state without basic services or proper education. >> they still have good steak. that's good. a good night's sleep is good for business. the results of a new study coming up. >> and the broadcast industry is shedding jobs, but help wanted at the arab tv channel, al jazeera. the details ahead on media minute. >> as we head to break, winners on the nasdaq. as you see, apple is not a winner. bed bath, western digital, and more. we'll be right back. ♪ [ male announcer ] you are a business pro. executor of efficiency. you can spot an amateur from a mile away... while going shoeless and metal-free in seconds. and you...rent from national. because only national lets you choo any car in the aisle...and go. you can even take a ful
forward with about half of them on the pentagon. big impact on defense companies and defense stocks. neil: rich, edson, if you are still with me, while the president supports a simpler tax code, he will not do that at the expense of entitlements. very rare to state that in and address like this. it is more for a state of the union address. does that mean he has his fight on now. rich: he has not had any type of message that he would ever be willing to reduce the benefits that people receive. when you look at the inaugural address. these things do not stop our initiative. they strengthen us. they free us to take and make this country great. they defend these programs when you are looking at the debate with republicans on capitol hill looking for some type of restructuring going to the palm drive budget that has passed the house the last couple of years that would change the way that these entitlement function. on the other side, perhaps, the change in the way things are indexed. slowing the inflation of these types of things. outside of that, you are not getting any willingness from the ad
Search Results 0 to 35 of about 36 (some duplicates have been removed)